Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see US stock futures struggled for direction on Monday. Several Chinese tech stocks tumbled (more on that below) and investors are awaiting on a new batch of earnings from some of the world's biggest companies. The markets are rough right now, and our $30 trillion debt bill could trigger the worst recession in 50 years. That's why it's important to consider alternative investments. Our Head Fundamental Tactician Karim Rahemtulla is telling readers why you should move your cash to this $3 asset BEFORE November 4, 2022. Click here to unlock this alternative investment. Here's a look at the top-moving stocks this morning. Applied Genetics Corporation (Nasdaq: AGTC) Applied Genetics Corporation is up 59.85% premarket after the biotech company announced Syncona, a leading healthcare company, has agreed to acquire AGTC for $23.5 million. Under the agreement, an indirect subsidiary of Syncona Limited will initiate a tender offer to acquire all outstanding shares of AGTC common stock. JD.com, Inc, (Nasdaq: JD) JD.com is down 15.40% premarket. The Chinese tech company fell in reaction to a consolidation of power by President Xi Jinping, after he was confirmed to a historic third term. The Hang Seng Index fell 6.4% on Monday, the biggest one-day decline since the global financial crisis. |
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